Macau Country Information

Colonized by the Portuguese in the 16th century, Macau was the first European settlement in the Far East. Pursuant to an agreement signed by China and Portugal on 13 April 1987, Macau became the Macau Special Administrative Region (SAR) of China on 20 December 1999. In this agreement, China promised that, under its "one country, two systems" formula, China's socialist economic system would not be practiced in Macau, and that Macau would enjoy a high degree of autonomy in all matters except foreign and defense affairs for the next 50 years.

essentially urban; an area of land reclaimed from the sea measuring 5.2 sq km and known as Cotai now connects the islands of Coloane and Taipa; the island area is connected to the mainland peninsula by three bridges

National Day (Anniversary of the Founding of the People's Republic of China), 1 October (1949); note - 20 December 1999 is celebrated as Macau Special Administrative Region Establishment Day

Constitution:

Basic Law, approved on 31 March 1993 by China's National People's Congress, is Macau's "mini-constitution"

Legal system:

based on Portuguese civil law system

Suffrage:

direct election 18 years of age for some non-executive positions, universal for permanent residents living in Macau for the past seven years; indirect election limited to organizations registered as "corporate voters" (257 are currently registered) and a 300-member Election Committee drawn from broad regional groupings, municipal organizations, and central government bodies

Executive branch:

chief of state: President of China HU Jintao (since 15 March 2003) head of government: Chief Executive Edmund HO Hau-wah (since 20 December 1999) cabinet: Executive Council consists of one government secretary, three legislators, four businessmen, one pro-Beijing unionist, and one pro-Beijing educator elections: chief executive chosen by a 300-member Election Committee for a five-year term (eligible for a second term); election last held 29 August 2004 (next to be held in 2009) election results: Edmund HO Hau-wah reelected received 296 votes; three members submitted blank ballots; one member was absent

Legislative branch:

unicameral Legislative Assembly (29 seats; 12 members elected by popular vote, 10 by indirect vote, and 7 appointed by the chief executive; to serve four-year terms) elections: last held 25 September 2005 (next in September 2009) election results: percent of vote - New Democratic Macau Association 18.8%, Macau United Citizens' Association 16.6%, Union for Development 13.3%, Union for Promoting Progress 9.6%, Macau Development Alliance 9.3%, others 32.4%; seats by political group - New Democratic Macau Association 2, Macau United Citizens' Association 2, Union for Development 2, Union for Promoting Progress 2, Macau Development Alliance 1, others 3; 10 seats filled by professional and business groups; seven members appointed by chief executive

Judicial branch:

Court of Final Appeal in Macau Special Administrative Region

Political parties and leaders:

Civil Service Union [Jose Maria Pereira COUTINHO]; Development Union [KWAN Tsui-hang]; Macau Development Alliance [Angela LEONG On-kei]; Macau United Citizens' Association [CHAN Meng-kam]; New Democratic Macau Association [Antonio NG Kuok-cheong]; United Forces note: there is no political party ordinance, so there are no registered political parties; politically active groups register as societies or companies

the US has no offices in Macau; US Consulate General in Hong Kong is accredited to Macau

Flag description:

light green with a lotus flower above a stylized bridge and water in white, beneath an arc of five gold, five-pointed stars: one large in center of arc and four smaller

Economy

Macau

Economy - overview:

Macau's economy has enjoyed strong growth in recent years on the back of its expanding tourism and gaming sectors. Since opening up its locally-controlled casino industry to foreign competition in 2001, the territory has attracted tens of billions of dollars in foreign investment that have helped transform it into the world's largest gaming center. In 2006, Macau's gaming revenue surpassed that of the Las Vegas strip, and gaming-related taxes accounted for 75% of total government revenue. The expanding casino sector, and China's decision beginning in 2002 to relax travel restrictions, have reenergized Macau's tourism industry, which saw total visitors grow to 27 million in 2007, up 62% in three years. Macau's strong economic growth has put pressure its labor market prompting businesses to look abroad to meet their staffing needs. The resulting influx of non-resident workers, who totaled one-fifth of the workforce in 2006, has fueled tensions among some segments of the population. Macau's traditional manufacturing industry has been in a slow decline. In 2006, exports of textiles and garments generated only $1.8 billion compared to $6.9 billion in gross gaming receipts. Macau's textile industry will continue to move to the mainland because of the termination in 2005 of the Multi-Fiber Agreement, which provided a near guarantee of export markets, leaving the territory more dependent on gambling and trade-related services to generate growth. However, the Closer Economic Partnership Agreement (CEPA) between Macau and mainland China that came into effect on 1 January 2004 offers many Macau-made products tariff-free access to the mainland. Macau's currency, the Pataca, is closely tied to the Hong Kong dollar, which is also freely accepted in the territory.